Dear PSD readers and fans,
From all of as at PSD, we wish you a happy and safe 2010. We will return on January 4th, and look forward to continuing our conversation about economics, development and the role of private enterprise in fighting poverty.
The PSD Team
The World Bank’s Investment Climate Department (CIC) has reviewed the recent literature on the relationship between restrictive regulation, corruption and business environment reforms, finding that corruption is positively correlated with restrictive regulation.
NPR story cited World Bank report
In the report, "Iraq's Shaky Economy Poses Threat to Future," NPR cites The World Bank's Doing Business report that ranks economies based on the ease of doing business in particular countries:
The process of setting up a business in Iraq requires 11 procedures,
IFC chief executive Lars Thunell is in Delhi this week, attending the World Economic Forum's India Economic Summit. Thunell is looking to boost the IFC's capital base by $2.4bn, much of which will be dedicated to the world's poorest countries and regions, including India.